Toyota and Suzuki will partner in the development of self-driving car technology.
FILE - In this Oct. 12, 2016 file photo, Toyota Motor Corp. President Akio Toyoda, left, speaks with Suzuki Motor Corp. Chairman Osamu Suzuki during a news conference in Tokyo. Japan's top automaker, Toyota, and smaller rival Suzuki announced Wednesday, Aug. 28, 2019, they are partnering in the development of self-driving car technology, as manufacturers around the world grapple with innovations in the industry.
TOKYO — Japan’s top automaker, Toyota, and smaller rival Suzuki are partnering in the development of self-driving car technology, as manufacturers around the world grapple with innovations in the industry. In 2017, Toyota Motor Corp. and Suzuki agreed to work together in ecological and safety technology. That deal did not include owning mutual stakes.
Last month, Volkswagen AG of Germany said it is investing $2.6 billion in a Pittsburgh autonomous vehicle company that’s mostly owned by Ford, Argo AI, with a plan to put autonomous vehicles on the roads in the U.S. and Europe as early as 2021.
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